Electric Coin Company Announces Team Split and Formation of New Venture The Electric Coin Company (ECC), the team behind the privacy-centric cryptocurrency Zcash, has parted ways with Bootstrap, the nonprofit organization supporting the project. CEO Josh Swihart revealed plans to establish a new independent company, citing disagreements over governance and mission alignment as primary reasons for the split. “Over the past few weeks, it’s become clear that the majority of Bootstrap board members — particularly Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai — have diverged significantly from Zcash’s original mission,” Swihart stated. “Yesterday, the entire ECC team left the organization, as the modified employment terms rendered it impossible for us to continue our work with integrity.” Swihart emphasized that the decision was driven by the need to safeguard the team’s efforts from governance actions that compromised the project’s core principles. Despite the organization...